Egypt News News Egypt » Finance: Egypt: FRA extends debt collection compliance deadline to January 2027
The Financial Regulatory Authority (FRA) has granted non-banking financial institutions an additional six-month grace period to comply with regulations governing debt collection activities, extending ...
News Egypt » Finance: Egypt’s IPO Pipeline Grows as Cairo Courts Private Capital
Cairo accelerates state asset sales under an IMF plan, targeting up to four major EGX listings by summer 2027.
News Egypt » Finance: Egypt: Devaluation, Financial Support Mitigate Near-term Risks, But Challenges Remain
Additional support from international partners mitigates Egypt’s (B-/Negative Outlook) financing pressures but durably addressing the country’s external-sector resilience and financing constraints ...
News Egypt » Finance: Egypt: MSMEDA extends $10.7mln facility to Fawry MSME Finance
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has extended an EGP 550 million financing facility to Fawry MSME Finance, a fully owned subsidiary of Fawry for Banking Technology ...
News Egypt » Finance: Egypt’s central bank leads financial inclusion efforts for marginalised groups
Under the leadership of Hassan Abdalla, the Central Bank of Egypt (CBE) has undertaken ambitious reforms aimed at integrating marginalised groups into the formal economy. The CBE’s financial inclusion ...
News Egypt » Finance: The Switch To Cashless Society: Gauging Financial Inclusion In Egypt
In Egypt, financial inclusion has recently become a strategic focus on the government's agenda. In emerging markets, financial inclusion has a direct impact on poverty reduction, minimization of ...
News Egypt » Finance: Egypt’s e-commerce platform Wasla nabs $9 million from retail finance provider Contact
Contact Financial Holding, Egypt’s non-bank consumer finance provider, has invested $9 million in the country’s e-commerce super-app Wasla, setting the stage for the rollout of new online shopping ...
News Egypt » Finance: Egypt’s economic woes
Egypt has desperately been looking up for white smoke. In better times, the country is often a political and economic powerhouse in the Middle East and North Africa (MENA) region. This year, however, ...